Howden Re has announced that it has secured a full reinsurance license from the Dubai Financial Services Authority (DFSA) to operate from Dubai International Financial Centre (DIFC).
The operations in Dubai will be co-led by Mr Attilio Tornetta, newly appointed head of treaty and regional retro, MEA; Mr Julian Samengo-Turner, head of IMEA, who continues to oversee Fac and MGA broking; and Ms Sheena Kotecha, head of operations IMEA, has been appointed senior executive officer.
In his new role, Mr Tornetta, will focus on developing the firm’s treaty proposition and expanding its footprint across the Middle East and Africa. He joined Howden Re in 2023 as managing director for the Middle East and Africa.
Under Mr Samengo-Turner’s leadership, Howden Re already has an established facultative presence serving clients across the IMEA region. In his new role, he will continue to focus on facultative growth and supporting clients across both established and start-up MGAs with reinsurance broking, strategic and capital advisory services.
In her new role, Ms Kotecha will ensure that Howden Re aligns with the highest regulatory and governance standards, in line with the DIFC’s internationally recognised framework.